Flipkart

E-commerce firm Flipkart has named Vipin Kapooria as vice president, business finance, and Yogita Shanbhag as vice president, human resources, as it readies for its IPO

E-commerce major Flipkart on Monday announced the appointment of Vipin Kapooria as Vice President, Business Finance, and Yogita Shanbhag as Vice President, Human Resources, effective immediately. These appointments come shortly after a series of high-profile hires at the IPO-bound company in the past month. Kapooria, who is rejoining Flipkart, will lead business finance across all categories. He comes with over 19 years of experience and was most recently the Chief Financial Officer at Blinkit. He has also held senior positions at OYO and Yum! Brands. In his new role, Kapooria will partner with business teams to drive financial discipline, operational excellence, and sustainable growth, the company said in a statement. Shanbhag will lead the HR function for Flipkart's technology vertical, OneTech Business Unit. She joins with over 20 years of experience at Juniper Networks and Wipro. "Building a strong organisation requires sustained focus on leadership, robust systems, and cultur

The Supreme Court set aside a 2020 NCLAT order directing a CCI probe into Flipkart and asked the tribunal to reconsider the case afresh

Jason Chappel joins as group controller and Amer Hussain as VP of supply chain for grocery and Minutes

Myntra co-founder Mukesh Bansal and ex-Google executive Peeyush Ranjan have launched Fermi, an AI-first STEM edtech platform targeting India and the US

Market participants broadly view judgment as fact-specific, centered on interpretation of grandfathering provisions under the India-Mauritius tax treaty and application of General Anti-Avoidance Rule

The decision has major implications for private equity funds that have set up shell entities in the offshore haven to channel investments into India, according to lawyers

The US-based investment firm's substantial sale of Flipkart's stake to Walmart Inc. was one of the largest exits by a foreign investor in the Indian e-commerce sector

Indian officials argued arrangement was meant to avoid tax

The apex court said tax authorities had correctly rejected Tiger Global's application seeking exemption from capital gains tax arising from the transaction

Veteran compliance leader joins e-commerce giant amid efforts to strengthen oversight and institutional leadership ahead of an IPO

Tiger Global and Indian tax authorities have been locked in a legal tussle over its 2018 stake sale in Indian e-commerce company Flipkart to Walmart worth ₹14,440 crore ($1.6 billion)

Arvind Fashions Ltd on Monday said it will acquire Flipkart group's 31.25 per cent stake in Arvind Youth Brands Pvt Ltd for Rs 135 crore. Arvind Youth Brands Pvt Ltd (AYBPL) is currently engaged in the business of wholesale and retail of apparel and accessories under the brand name 'Flying Machine'. It had a turnover of Rs 432.16 crore in the financial year ended March 31, 2025, the company said in a regulatory filing. Over the last five years Flying machine has re-established as a well-accepted brand on digital channels. The partnership with the Flipkart group helped Flying Machine become one of the top casual wear brands on digital platforms, catering to the fashion-conscious youth of India, it said in a separate filing. "Our relationship with the Flipkart group will continue ensuring consumers can still shop Flying Machine on its platforms. The brand will also be available to consumers on other digital channels and portals," Arvind Fashions Ltd (AFL) Managing Director & CEO ...

Ecommerce company Flipkart on Friday said it has acquired a majority stake in Minivet AI, an Artificial Intelligence and Machine Learning solutions provider. The acquisition is a strategic move to build and invest in core Generative AI (GenAI) capabilities, at a time when e-commerce is rapidly shifting towards visual, conversational, and AI-led discovery, the Walmart-backed ecommerce firm said in a statement. It, however, did not disclose the financial details of the acquisition, including the quantum of stake bought or size of deal. "Flipkart, India's homegrown e-commerce marketplace, today announced it executed definitive documents to acquire a majority stake in Minivet AI, an innovative AI/ML solutions provider founded in 2024," it said. The latest move is expected to accelerate the transition to a more intuitive, interactive, and immersive shopping experience for e-commerce platforms, including Flipkart, it said. Minivet AI focuses on generative video for e-commerce, transform

Flipkart's proposed public offering would be the second by a Walmart-owned entity after PhonePe, which relocated its domicile to India in October 2022

Multiple industries in India, including food delivery, payments, and paints, are experiencing emerging duopolistic trends

Flipkart Minutes plans to double its dark stores to 1,000 and expand to 60+ cities by early 2025, intensifying the quick-commerce race amid surging demand and rising competition

Reliance Retail Ventures Ltd, the holding entity of the country's leading retailer Reliance Retail, has appointed former Flipkart executive Jeyandran Venugopal as its President & CEO. In his new role, Venugopal will work closely with Isha Ambani, Executive Director of RRVL and the Leadership Team of Reliance Retail, under the overall guidance of Mukesh Ambani and Manoj Modi. Venugopal, who has 25 years of global leadership experience across retail, e-commerce, technology, and business transformation, will strengthen the retail portfolio, accelerate omnichannel growth, and drive technical and operational excellence across the value chain at Reliance Retail. Earlier, Venugopal worked with Walmart's e-Commerce platform Flipkart, where he most recently served as Chief Product and Technology Officer (CPTO), leading large cross-functional teams across Product, Engineering, Design, Data Science, IT, Security, and Infrastructure. Venugopal, whose career reflects managing ...

Flipkart has appointed former Meta executive Dan Neary to its board as it readies a potential IPO filing, signalling push on governance, innovation & operational discipline ahead of a planned listing

E-commerce firm Flipkart on Wednesday said it has reported one of its strongest growth phases in recent years, marked by a sharp rise in customer base, higher order volumes, and deeper participation from Tier-2 and Tier-3 towns. The company said it served over 200 million customers across its ecosystem during the festive season, reflecting its expanding relevance in urban and non-metro India. Overall orders on the platform grew 21 per cent during the festive period, and around 40 per cent year-on-year post-festive period, signalling broad-based consumer confidence and category momentum, the company said in a statement. The festive cycle attracted 101 million customers, with two-thirds of them from non-metro areas - a trend Flipkart said reflects the accelerating shift of smaller towns toward online consumption and category diversification. "The belief that India's consumption story is driven only by metros is outdated. We see multiple Indians shopping on Flipkart: value-conscious .